Math Problem Statement
In a company, 10% of employees in their first five years earn 100.000 or more, and 20% of employees past their first year earn 100.000 or more. Overall, 13% of employees earn 100.000 or more. Determine the proportion of employees in their first five years.
Solution
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Math Problem Analysis
Mathematical Concepts
Algebra
Linear Equations
Percentages
Formulas
Total percentage of high earners: 0.10x + 0.20(1 - x) = 0.13
Simplifying linear equation to solve for x
Theorems
Linear equation solving techniques
Suitable Grade Level
Grades 9-12
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